Pandemic to Hit Global EV Growth by 43% in 2020 Updated On Wed, Apr 8th, 2020 by Saurenergy Research firm Wood Mackenzie has released a report where it predicts a 43 percent contraction in the global EV industry by the end of 2020. For a sector that was just building up some serious momentum, the crisis couldn’t have come at a worse time. The big hope now is that government stimulus plans will […] Read more
India’s Solar Energy Plans Bogged Down With Supply Chain Issues Updated On Wed, Apr 8th, 2020 by Saurenergy Amid lockdown across the country, which is likely to be extended due to ongoing coronavirus pandemic, the damage to India’s solar ambitions is given, the only question is how much. In India, around 2.3 GW of solar plants were expected to be commissioned from June to August 2020. However, the delivery of these projects has […] Read more
The WoodMac Weekly Global Energy Round Up Updated On Wed, Apr 8th, 2020 by Saurenergy Wood Mackenzie, the global research and analysis form, has come out with the first of its planned weekly roundups of the impact of the Coronavirus pandemic across the world, especially on global energy markets. With a focus on renewables, EV’s and energy storage, the round up will seek to bring you a snapshot of the […] Read more
$600Bn to Be Spent on Wind Turbines Globally by 2028: WoodMac Updated On Tue, Apr 7th, 2020 by Saurenergy Despite demand fluctuations, the global wind turbine supply chain is racing towards a USD 600 billion cumulative opportunities by the end of 2028, as said by the global energy research & consultancy firm. However, annual average wind turbine supply is forecast to hit USD 60 billion between 2020 and 2028 – reflecting an increase of […] Read more
Middle East Renewables Braced for Turbulent Outlook: GlobalData Updated On Fri, Apr 3rd, 2020 by Saurenergy Recent reports have estimated that global solar demand will slow down for the first time in three decades, with the coronavirus (COVID-19) crisis potentially triggering a drop of between 6 percent and 10 percent in demand in 2020. The downgrade is largely due to strict limitations on movement and commercial activity in China, where the […] Read more
IHS Markit Predicts a 16% YOY Drop in Solar Capacity Additions in 2020 Updated On Wed, Apr 1st, 2020 by Saurenergy Even as estimates and predictions on the impact of the Coronavirus pandemic on the renewable energy, and solar sector in particular are announced and updated with each passing week, comes a specific prediction from IHS Markit. The global research and analytics firm has predicted a degrowth of as much as 16 percent in global solar […] Read more
Lockdown to Impact Power Demand, Cash Flows for Discoms: ICRA Updated On Tue, Mar 31st, 2020 by Saurenergy The COVID-19 lockdown will adversely impact power demand, cash flows for Discoms leading to payment delays for Gencos and transmission firms, as per ICRA The lockdown announced by the government to control the spread of the Novel Coronavirus (COVID-19) pandemic will adversely impact electricity power demand, and cash flows for distribution companies (Discoms) – leading to payment delays for power generation and […] Read more
CERC Sticks to the Script in Judgement on Hero Solar Petition Updated On Thu, Mar 26th, 2020 by Saurenergy The Central Electricity Regulatory Commission, (CERC), in an order dated March 26 has maintained a line that has now become the de facto rule for all issues related to the introduction of GST and its impact on projects awarded beforehand. In this case, the petitioner was Hero Solar Energy Private Limited, which had won bids for […] Read more
Demand for Domestic Products Increased After China’s Covid-19 Incidence: Yash Jain Updated On Wed, Mar 25th, 2020 by Saurenergy Solar panel prices, production, and supply are poised to continue to be in turmoil in the midst of the Coronavirus outbreak. Yes, the demand for domestic products have increased tremendously after China’s COVID-19 incidence. However, the industry is also facing shortage of raw material as compared to the demand. Also, we are coming up with […] Read more
